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You Searched For "Crypto Mining" and got 20 results


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An Airbnb host had to ban crypto mining after guests racked up a $1,500 electric bill

Airbnb host Ashley Class got a shockingly high utility bill, then looked back at footage that captu…

Dan Latu   


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1 min read

Bitcoin hits $80,000 for the first time as the crypto community revels in Trump's election win

Trump, once a cryptocurrency skeptic, became an outspoken supporter of the digital asset class duri…

Rebecca Rommen   


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5 mins read

Fervent Bitcoin trading approaches fresh supply crunch; Here’s what this week’s ‘halving’ event implies

Bitcoin's recent surge to record-breaking highs has left many scratching their heads in awe. Within…

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2 mins read

A crypto trading platform that recruited users through prayer circles was a pyramid scheme that made $1 billion for its 'Reverand CEO,' lawsuit says

NovaTechFx, once one of the fastest-growing financial platforms, now faces a lawsuit that says it s…

Kenneth Niemeyer   


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Residents in rural Texas are suing their noisy neighbor: a humming bitcoin mining facility

Residents want a permanent injunction, alleging the bitcoin mining facility's loud hum and vibratio…

Geoff Weiss   


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A lawsuit filed against a bitcoin mine in Texas has shed light on a growing trend: US crypto mines backed by millions of dollars from Chinese investors

A rise in cryptocurrency-mining facilities in Texas and other states has come under scrutiny for th…

Kiera Fields   


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Bitcoin's been sliding ahead of the 'halving' but crypto bulls aren't worried

Crypto bulls are confident that a looming "halving" event could power bitcoin to new highs, despite…

George Glover   


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Crypto miners are pulling in more money than ever as bitcoin shatters records

Crypto mining revenue hit $78 million a day on Monday, a new all-time high for the industry, accord…

Filip De Mott   


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1 min read

6,000 old bitcoin-mining machines will be refurbished and sold overseas after the long-awaited halving event

Outdated machines are being moved to countries with lower electricity costs, like Ethiopia, where t…

Aruni Soni   


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Crypto and AI will drive exorbitant energy use after decades of flat demand, analyst says

Data centers are expected to drive a surge in electricity demand growth, tripling their power consu…

Aruni Soni   


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Russia is turning to crypto as sanctions snarl payments, report says

Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …

Filip De Mott   


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Crypto miners used the same amount of electricity as all of Australia last year

In the US alone, crypto mining uses 0.6% to 2.3% of the country's electricity demand — as much as e…

Aruni Soni   


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1 min read

Bitcoin surges after assassination attempt as investors bet on Trump returning to power

The price of the digital currency topped $62,000 on Monday as investors bet that Trump would sweep …

Tom Carter   


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Bitcoin mining profitability poised for surge as spot ETFs gain approval

According to S&P Global Commodity Insights, the long-awaited decision has created a ripple effect i…

ANI   


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Bitcoin will surge 117% by year-end if 'crypto president' Trump wins the election, Standard Chartered says

Bitcoin will hit $125,000 by the end of 2024 if Trump wins, and a more moderate but still-record $7…

Filip De Mott   


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1 min read

Remote mountain Kingdom of Bhutan is operating secret, state-owned Bitcoin mining facilities, report says

The remote Himalayan kingdom has never publicly announced its Bitcoin operations, but it has been s…

Polly Thompson   


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1 min read

New research says bitcoin mining is sucking up more and more water, with use increasing 278% since 2020

"The total water footprint of US Bitcoin miners could be equivalent to the average annual water con…

Filip De Mott   


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Bitcoin is undergoing a tech expansion that one expert says will drive 5-fold growth in just 2 years

Bitcoin programmers have been expanding the possibilities behind the blockchain. It could mean fres…

Filip De Mott   


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Crypto mining in Texas could be costing energy customers an extra $69 per year on their electrical bills

Since China banned crypto mining in 2021, a number of operations have moved to Texas, requiring an …

Will Gendron   


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Bitcoin tests $70k after Trump says US will be 'crypto capital of the planet'

At a bitcoin conference over the weekend, Trump pledged to make the US a "bitcoin superpower" if el…

Kelly Cloonan